Midday update for GBPUSD 17-07-2017

Economies.com
2017-07-17 10:26AM UTC

The GBPUSD pair provides slight negative trading after facing strong resistance at 1.3100, and tit might be forced to test the support base at 1.3030 after breaching it previously before resuming the bullish bias.

 

In general, we will keep our bullish trend expectations for today, conditioned by holding above 1.3030 level, reminding you that breaching 1.3100 will open the way towards our next main target at 1.3443.

 

Expected trading range for today is between 1.3030 support and 1.3220 resistance.

 

Expected trend for today: Bullish

 

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